The ruble confidently struggling with external negativity
The Russian ruble on Tuesday holds in General prosperous trades. Intraday fluctuations in the ruble pairs a decent distance, in fact, placed in “sideways”, and short-term instruments is not happening anything. The US dollar is trading so far, some of 65.49. (-0,14%), the Euro is declining 0.3% and is 74,79 RUB.
The Central Bank of the Russian Federation set for Wednesday, February 6, the following foreign exchange rates: 65,56 RUB per U.S. dollar (-2 cents) and RUB over the 74,91 EUR (-14 cents).
The commodity market was in a cheerful plus. A barrel of North sea Brent oil increased by 0.7% and costs $62,97. WTI oil rises in price on 1,1% and is about $of 55.15. Before the impact on the oil sector have rendered the behaviour of the us dollar. Today, at the site waiting for fresh data on stocks of oil and oil products from API, it could be a new short-term catalyst.
It became known today that this month the Central Bank would reduce purchases of foreign currency for the Ministry of Finance to an average of 9.7 billion rubles a day. In January, the Central Bank of the Russian Federation purchased on the day from 15.6 billion rubles in Total, the Bank of Russia suggests to direct on purchase of currency in this time of 194 billion rubles For the currency section is a neutral information, the volume of intraday purchases not like a full-sized intervention. In order to guide the market in the right direction – no matter what – you need an infusion of at least $ 1 trillion.
The US dollar will spend the rest of today’s session within marks 65,40-65,85, the Euro protorguetsya in the same way 74,65-75,35 RUB.
Senior analyst at information-analytical center,